Newspaper advertisement for post issue basis of allotment in the matter of Right Issue of Equity Shares
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Himalaya Food International Ltd has completed its Rights Issue and published the basis of allotment on July 25, 2025. The company allotted 2,69,20,537 fully paid-up equity shares of Rs. 10 face value at Rs. 13.80 per share (including Rs. 3.80 premium), in the ratio of 1 share for every 2 shares held on the record date of May 23, 2025. The issue was subscribed to the extent of 93.22% (net of cheque returns), with 2,827 valid applications received out of 2,907 total (80 rejected on technical grounds). Total issue size was up to Rs. 39.93 crore. The allotted shares have been credited to demat accounts on July 25, 2025, and trading is expected to commence on BSE from July 29, 2025.
Eligible shareholders will receive the allotted right shares in their demat accounts; new shares are set to begin trading on BSE from July 29, 2025, adding liquidity but also creating a dilution effect from the expanded share base.